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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #139,241
  • Nov 19, 2008 11:41pm Nov 19, 2008 11:41pm
http://i33.tinypic.com/2wq8rpc.jpg
  • #139,242
  • Nov 19, 2008 11:42pm Nov 19, 2008 11:42pm
Quoting susufx
lol go hibernate you big bear jks
Ill have ur 10 pips sl for breakfast for starters ahahah jk
Trade what you see, not what you think.
  • #139,243
  • Nov 19, 2008 11:43pm Nov 19, 2008 11:43pm
Quoting mktjong
I think there is a good chance to bounce to at least 1h 5 sma as looking at 15 min a very bullish div .. maybe
i'll sell all rallies from now.
  • #139,244
  • Nov 19, 2008 11:43pm Nov 19, 2008 11:43pm
Quoting karmostaji
Yes sir, I love your analysis bro coz it's long-term and not the next 5-10 mins like most here lol
Thxs bro - we've been ar'd here long enough to see geppy in action, that's why its has taken most to figure out that your analysis is always spot on because you chart long term - best way to go with the geppy. . .
  • #139,245
  • Nov 19, 2008 11:46pm Nov 19, 2008 11:46pm
Dail S1 141.75 , it should break.. karmo takes 2 patience pills

I'll be back in a while
Trade what you see, not what you think.
  • #139,246
  • Nov 19, 2008 11:47pm Nov 19, 2008 11:47pm
Quoting karmostaji
Ill have ur 10 pips sl for breakfast for starters ahahah jk

hahaha
  • #139,247
  • Nov 19, 2008 11:48pm Nov 19, 2008 11:48pm
Quoting Jhig
If this down trend can break 139.00 ... it just may be a 1000 pips short. Like someone said, it may happen within a session or two.

Daily & 4hr show plenty of room to move. I'm looking to short after the break of 139.00 (138.00)
be careful shorting at that price it may bounce ar'd that area before heading lower unless you are willing to have a 200-300 pip SL. . . Just offering my two cents
  • #139,248
  • Nov 19, 2008 11:55pm Nov 19, 2008 11:55pm
Quoting quecee5
be careful shorting at that price it may bounce ar'd that area before heading lower unless you are willing to have a 200-300 pip SL. . . Just offering my two cents
Yeah thats what I am afraid of. 100 pips s/l is usually as much as Im willing to take. If it bounce I'll just get stop-out and place a "anti-hedge" trade.

Or

Trade the next line (which I think is 141.70). Wait for the break lower, place a sell and exit as soon as it 139.00 area. Either wait for that break and place another sell or wait for the retract.
  • #139,249
  • Nov 19, 2008 11:55pm Nov 19, 2008 11:55pm
and yet another hourly close comes upon us. . . lets see what happens. pre- London may take it back up to the 1hr 5SMA or higher to shake weak shorts before moving down-MAYBE!. . .
  • #139,250
  • Nov 19, 2008 11:56pm Nov 19, 2008 11:56pm
Quoting susufx
i'm long at 141.80 for a small scalp SL at -10 now

look at cable so quiet...lol price hasnt moved for a bit now
closed for +30
  • #139,251
  • Nov 19, 2008 11:59pm Nov 19, 2008 11:59pm
Quoting Jhig
Yeah thats what I am afraid of. 100 pips s/l is usually as much as Im willing to take. If it bounce I'll just get stop-out and place a "anti-hedge" trade.

Or

Trade the next line (which I think is 141.70). What for the break lower, place a less and exit as soon as it 139.00 area. Either wait for that break and place another sell or wait for the retract.
I'd wait for pre london which usually takes price higher before dumping when the masses get in and also Asian usually starts covering before the closing bel so that could drive price a bit higherl. . . just my two cents. . .
  • #139,252
  • Nov 20, 2008 12:00am Nov 20, 2008 12:00am
Looks like a decent retract is upon us. Should help with trading lower lows
  • #139,253
  • Nov 20, 2008 12:00am Nov 20, 2008 12:00am
Quoting susufx
closed for +30
141.91 long, still holding, I am figuring out your very nice signals!
What's that smell?
  • #139,254
  • Nov 20, 2008 12:02am Nov 20, 2008 12:02am
Quoting quecee5
I'd wait for pre london which usually takes price higher before dumping when the masses get in and also Asian usually starts covering before the closing bel so that could drive price a bit higherl. . . just my two cents. . .
Quecee ... you called it!
  • #139,255
  • Nov 20, 2008 12:03am Nov 20, 2008 12:03am
Looks like short covering IMHO! nevertheless green pips are green pips for those scalping. . .
  • #139,256
  • Nov 20, 2008 12:04am Nov 20, 2008 12:04am
Quoting jon clogger
141.91 long, still holding, I am figuring out your very nice signals!
thanks I re-entered a 142.30...not sure why i closed my earlier position but its all good

yay look at that sexy divergence we have on 30m
  • #139,257
  • Nov 20, 2008 12:04am Nov 20, 2008 12:04am
Quoting karmostaji
Karmo always gets his cake, no matter what
IŽll join you and your grandpa buffet below 139 for a ride 135 in minutes

My targets for today:
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  • #139,258
  • Nov 20, 2008 12:05am Nov 20, 2008 12:05am
possible entries for shorts?
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  • #139,259
  • Nov 20, 2008 12:06am Nov 20, 2008 12:06am
Notice the low volume on the move up and the red bars. . . Just my two cents. . . Good shorting opportunity once shorts have covered and pre london has entered. . .
Attached Image (click to enlarge)
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  • #139,260
  • Nov 20, 2008 12:06am Nov 20, 2008 12:06am
Quoting pkimnyc
possible entries for shorts?
142.70ish

But I could be wrong
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